Project Management Question Bank
for Exam preparation

Q2. The customer on a project tells the project manager he has run out of money to pay for the project. What should the project manager do FIRST?

1. Shift more of the work to later in the schedule to allow time for the customer to get the funds
2. Enter project closure
3. Stop work
4. Release part of the project team

Q3. Which parts of the risk management process do not generally use organizational process assets as an input?

1. Identify Risks and Perform Qualitative Risk Analysis
2. Perform Qualitative and Quantitative Risk Analysis
3. Perform Quantitative Risk Analysis and Plan Risk Responses
4. Plan Risk Responses and Control Risks

Q4. You are a project manager for one of many projects in a large and important program. At a high-level status meeting, you note that another project manager has reported her project on schedule. Looking back on your project over the last few weeks, you remember many deliverables from the other project that arrived late. What should you do?

1. Meet with the program manager
2. Develop a risk control plan
3. Discuss the issue with your boss
4. Meet with the other project manager

Q5. Though it was difficult, the project manager received agreement to the project charter from all four sponsors involved on the project and the US $400,000 project was approved. Now the cost variance for the project is -$500 and the last performance review was positive. Just when the project entered its second phase, a team member on a noncritical path activity announced she was leaving the company. The float of activity L changed from two to four days. Only one unidentified risk has occurred with a minor impact. The last quality review showed that the project has made use of the results of the last design of experiments. Based on this information, what should the project manager do NEXT?

1. Complete closure of the first phase
2. Fast track the project to add more float
3. Review the management plans
4. Investigate additional risks caused by the difficulty with the senior managers.

Q6. Andrew is a project management guru hired by a retail giant in your country. Andrew finds out there is a wide array of projects that need to be managed from a central PMO; from a number of small projects to large initiatives requiring long-term roadmaps to manage the development of these programs. What project management approach should be recommended for such projects?

1. A predictive approach, adaptive approach, or a hybrid of both, may need to be adopted.
2. A predictive approach may need to be adopted.
3. An adaptive approach may need to be adopted.
4. Setting up PMOs for such a wide range of projects is not recommended.

Q7. There have been many work packages completed successfully on the project, and the sponsor has made some recommendations for improvements. The project is on schedule to meet an aggressive deadline when the successor activity to a critical path activity suffers a major setback. The activity has 14 days of float and is being completed by four people. There are two other team members with the skill set to assist the troubled activity, if needed. The project manager receives a call that three other team members are attempting to be removed from the project because they do not feel the project can be successful. When the project manager pursues this, he discovers that those team members have issues that have not been addressed. Which of the following is the BEST thing to do to improve the project?

1. Have the team members immediately assist the troubled activity.
2. Investigate why the project schedule is aggressive.
3. See who can replace the three team members.
4. Create an issue log.

Q8. Anthony is currently managing a bridge construction project. The project is in the execution phase. During the planning phase of the project, Anthony developed a comprehensive stakeholder engagement plan for the project. However, the frequency of plan review has not yet been defined. How often should Anthony review the stakeholder engagement plan?

1. On a monthly basis
2. The stakeholder engagement plan cannot be reviewed during the execution of the project.
3. On a weekly basis
4. On a regular basis; Anthony needs to decide the frequency.

Q9. Allocating ownership of a risk to a third party who is best able to capture the opportunity is an example of ________ the risk.

1. Sharing
2. Enhancing
3. Exploiting
4. Accepting

Q10. Checklists, fishbone diagrams, and Pareto charts are ALL examples of:

1. Tools used to define scope
2. Tools used in quality management
3. Tools used in team performance assessments
4. Parts of a project management plan.